Elliott Builds Norwegian Cruise Stake, Alleges Overspending on Katy Perry Concert

Activist investor Elliott Investment Management has built a stake of more than 10% in Norwegian Cruise Line Holdings Ltd., citing concerns about management and spending on events including a Katy...

By Ignacio Gonzalez, Liana Baker · Bloomberg Markets

Activist investor Elliott Investment Management has built a stake of more than 10% in Norwegian Cruise Line Holdings Ltd., citing concerns about management and spending on events including a Katy Perry concert.